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<p>The government continues to pursue an ambitious policy agenda to increase growth
and productivity across the economy.</p><p> </p><p>Alongside wider pro-growth measures
announced at recent fiscal events, the Government is taking action in relation to
housing and recreation. To ensure that people can live where they want to and meet
the needs of the UK’s growing, cutting-edge industries, the Spring Budget allocated
over £260 million to build more homes now. The Government also set out further detail
on plans to support growth in Cambridge with long-term funding at the next Spending
Review, to build on the success of the UK’s third most productive city.</p><p> </p><p>The
Government is also taking action to leverage growth in recreation. We have committed
to the Creative Industries Sector Vision which sets out our vision for the sector
to become an even greater growth engine, with a goal to support 1 million more creative
jobs by 2030. At Spring Budget 2024, the Government announced a package that will
provide over £1 billion in additional tax relief over the next five years.</p>
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